6, FAGANS WAY, SKEGNESS, PE25 3NE - £122,250

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

6 FAGANS WAY is a small extended semi-detached house of 73m², built sometime between 1991 and 1995. It was last sold for £122,250 in February 2009, which was around 27% below the average February 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

6 FAGANS WAY Sold Prices

Land registry data shows four sales for 6 FAGANS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 6 FAGANS WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 6 FEB	£122,250	£166,529	27% below HPI
2004 5 JUL	£124,000	£160,925	23% below HPI
2000 4 JUL	£54,000	£75,156	28% below HPI
1998 22 MAY	£46,000	£60,945	25% below HPI

6 FAGANS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 6 FAGANS WAY sales between May 1998 and February 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2009 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 FAGANS WAY?

6 FAGANS WAY is 73m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 6 FAGANS WAY lies on this distribution: 24% of detached houses are smaller than 6 FAGANS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Skegness.

6 FAGANS WAY: Plot and Title Map

6 FAGANS WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 6 FAGANS WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 FAGANS WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 FAGANS WAY?

6 FAGANS WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 6 on FAGANS WAY.